Dell is continuing its efforts to cut costs and an Austin,
TX desktop manufacturing plant looks to be the latest victim. As is the case
with many U.S.-based companies these days, Dell will cut jobs and rely even
more on overseas manufacturing "to restore the competitive advantage of
the company’s operating model."

The Austin plant closure is a part of a five-point Dell
growth plan which will focus on global consumer, enterprise, notebooks, small
and medium enterprise and emerging countries. By removing the Austin plant from
its portfolio, Dell hopes to make a sizeable dent in the $3B in savings that it
hopes to realize over the next three years.

"We believe we have a $3 billion opportunity to drive
both productivity and efficiency," said Dell CEO Michael Dell. "We’ve
analyzed the business and opportunity, so we know -- without question -- where
our priorities should be. And as we’ve reignited growth in our business, we’re
taking deliberate steps across the company to improve our competitive
position."

Dell's insistence on reaching thing $3B figure will also
come at the expense of 8,800 jobs. This is in addition to the 3,200 employees
that were removed from the mix during fiscal 2008 -- 900 of which came as a
result of a Canadian
call center closure.

"We expect that these actions, along with the
continuing rigor we’re applying to operating expense control throughout our
operations, will result in an improved, world-class cost structure," added
Dell CFO Don Carty.

* U.S. employers cut 63,000 jobs- Febuary according to Labor Department data released . That followed a loss of 22,000 jobs in January. December's job growth was only half as big as the government had earlier reported.

You act like the government has a magic wand to make everything better. You think forcibly appropriating money from someone else via taxes and then giving it back in the form of government wages solves anything? FDR tried that back in the great depression. It failed miserably.

The government borrowing or inflating destroys the value of existing savings (capital), and then they tax people's production via the income tax. Is it any wonder new jobs don't come along when no one has any money to start a business after the government takes or debases it?

Hello, Mcfly?

quote: There has to be a solution to "jobs going overseas"-

Yeah, it's called letting the free market work and getting government small and confined to the things they should be doing. Government is the interloper, the leech. We are 50% socialist, and socialism DOESN'T WORK.

quote: Companies like Dell etc exploit these millions of people in China/India, for their profits & at the same time send 8000+ Americans into unemployment.

China and India's middle classes are booming now as a result of a freer market. Their lives are improving leaps and bounds over previously miserable socialist systems. We can't even sell to ourselves anymore because we don't produce anything as a result of all the socialist blunders on our side that make American companies want to move production overseas in the first place. And while we have to borrow from them to go one these hatred-inciting misadventures in the middle east, they're investing and making deals all over the world.

Also, a decline in the dollar by definition makes the yuan appreciate relative to it. They will eventually be able to buy all of their own products which are currently going to subsidized, indebted Americans. The only exploitation being done is the master trickery by our government convincing them not to delink to our fading currency. We outsource Keynesian policies to their central banks and for a long time they've been buying into it.

quote: Have you experienced poverty ?

Have you been homeless or starving ?

Of course no one wants poverty, but you're looking at programs for their objectives, and I'm looking at them from their results. Well-meaning government programs to help some almost always have the opposite result, because in order to get the money to help a few, they have to forcibly take money from others in order to give it to them. Not only is it morally corrupt, it is roundabout nonsense to create poverty while fighting it.

retend you didn't have an income tax, crystal. You suddenly became able to afford that second child you always wanted. You own our own small business and employ many people. Then I come to your house as a government official and tell you that there are poor people in the neighborhood and that the government has authorized me to take 33% of your yearly income and all luxuries you've worked hard to obtain in the name of stopping poverty (of course, some of that will go to my government income because stopping poverty is my job). I take your fancy food and replace it with rice and spam, because, after all, you can still sustain yourself on that. I take your TV, your computer, because selling those too could help feed a hungry person. All the sudden, you have to fire several of your employees to sustain your old lifestyle and support that second kid. If you don't, your child now has crappy eduction and might become a jobless bum himself as a result, especially after seeing the disincentive to work after what they did to you. See how socialism and coerced charity doesn't work now?

Man, India is not and never been socialist, it is always been free market, recently also bacame democratic country.China political system is totalitarian, but the economy is mixed - i.e. most businesses are free market agents. That's why the poverty at the streets.Norway, Finland, and Sweden are very close to textbook socialism - now check which countries in the world have the best life standards.I came form Europe, and I have seen a lot of political and economic regimes, please refer to historical facts, not what Hollywood propaganda. Hollywood is worse than Chinese brainwashing, really.

Go to 1950-1975. Socialist, well-meaning reforms had severe deleterious effects in India after they gained independence from British rule. Then they gravitated more to a free market and have been benefiting ever since.

And don't bring up freeloading European countries. They have no protection for that lifestyle and they benefit from medical and technological research done under free market systems, etc, etc.